Suppose maestro'smaestro's had cost of goods sold during the year of $ 230 comma 000$230,000. beginning merchandise inventory was $ 35 comma 000$35,000, and ending merchandise inventory was $ 45 comma 000$45,000. determine maestro'smaestro's inventory turnover for the year. round to the nearest hundredth.

During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)